Srinivas Ayyadevara takes over a FAPCCI President

Hyderabad, June 15 (INN): Srinivas Ayyadevara, a renowned Chartered Accountant by profession and specialist in Taxation and Corporate Law, was unanimously elected as President of the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) for the year 2013-14 during Federation's 96thAnnual General Meeting held on Saturday at Federation House at Red Hills.

Srinivas Ayyadevara did B.Com (Hons) from the Indian Institute of Management and Commerce, Hyderabad and did his graduation in Law from Evening College of Law, Osmania University. He was the Chairman of the Hyderabad Branch of the Institute of Chartered Accountants of India and the President (I/C) of the Andhra Pradesh Tax Bar Association, Hyderabad. He is also on the Managing Committee of the Hyderabad Management Association, Hyderabad.

He is a advisor to several Companies on matters of Taxation. he practises on the appellate side of taxations . He was a member of the Syllabus Revision Committee for Nizam College and Osmania University for B. Com and M.Com.

He has been associated with FAPCCI for more than a decade and became Member of the Managing Committee, and was Chairman of Tourism, Direct Taxations & International Trade Relations Committee of FAPCCI. He was Vice-President of FAPCCI for the year 2011-2012 and Senior Vice President for the year 2012-2013.

Srinivas was the President of Rotary Club of Bhagyanagar, Hyderabad. He is a keen Freemason and a member of Lodge Morland, Hyderabad. He is also a member in many other social organizations.

Meanwhile, Shiv Kumar Rungta, Managing Director, Rungta Glasstech Pvt. Ltd, was elected as Senior Vice President for the year 2013 -14 at the 96th Annual Managing Committee meeting.

Shiv Kumar Rungta had a brilliant academic career, receiving a Bachelor of Science (Hons) degree from BITS, PILANI and Post Graduate Diploma in Management (MBA) from a reputed institute, Indian Institute of Management, Ahmadabad. He was associated with FAPCCI for more than 10 years as Managing Committee Member. He was Chairman of Banking and Insurance, Membership, Foreign Trade, Information Technology & Biotechnology Committee and a member of Selection and Budget Committee. He was Vice-President of FAPCCI for the year 2012-2013.

Rungta is the Chairman of AP Plywood, Laminate and Glass Dealers Welfare Association, since 2008-09 and also current President of Agarwal Samaj, Cyberabad.

After completing his studies, he joined as Project Manager in a textile industry in Ahmadabad for two years, and subsequently worked as Marketing Manager in Khaitan fans, Kolkatta. He held senior positions in Pan African Paper Mills E.A. Ltd at Kenya and Nigerian Paper Mills Ltd at Lagos and worked there for four years. He represented the Kenya Government as a part of the Trade Delegation of Kenya Chamber of Commerce and Industry to various countries in Africa. He has travelled extensively in East and West African Countries.

Rungta started his own company Rungta Glasstech Pvt Limited, in the year 1998, manufacturing architectural and decorative glasses for interior and exterior purpose in building and construction industries successfully.